Laith Khalaf: The flaw of averages

Default funds

clock • 3 min read

Laith Khalaf takes a look at default funds and 'standardised investment strategies' as the FCA looks to expand its regime for pension savers...

Default funds have proved so wildly popular in the workplace, they're coming to individual pensions. The FCA says they're going to be called ‘standardised investment strategies', as the pensions industry has been crying out for more new jargon for consumers to get their heads around. The regulator is currently consulting on rules we can expect to be published in 2022, and reflect an extension of the investment pathways introduced for drawdown clients to those still building up their pension. Unlike in the workplace, the proposals aren't for pension savers to be automatically invested ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Technology and emerging markets top performing sectors in May

Technology and emerging markets top performing sectors in May

FE Analytics data shows

clock 01 June 2026 • 1 min read
Rathbones brings together responsible investment in Centre of Excellence

Rathbones brings together responsible investment in Centre of Excellence

Combines ethical and sustainable research capabilities

Patrick Brusnahan
clock 29 May 2026 • 1 min read
Why active management matters more for income investors

Why active management matters more for income investors

Significant implications for advisers and investors relying on passive income strategies

Rory Sandilands
clock 29 May 2026 • 4 min read